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Ed Norton lists Malibu beach house for $6.8m

After buying a $15 million architectural landmark home in Malibu last year, actor Edward Norton is now selling his waterfront duplex on Las Flores Beach.

Queensland (Qld)

Featured Property

Uncompromising luxury: Port Douglas oceanfront estate

This unrivalled north-facing family home has 180 degree views across the Coral Sea and Great Barrier Reef Low Isles to Thornton Peak. For sale by Barbara Wolveridge of Queensland Sotheby's International Realty.

National

People

Development boom driving strong demand for property managers

The property development boom has created a shortage of property managers, and job openings and salaries for the role are on the rise.

Queensland (Qld)

People

Queensland Sotheby’s adds another two top agents to its growing team

Queensland Sotheby’s International Realty is expanding its team again, with Kelly Qualtrough and Sean Wallis, previously of Explore Property in Brisbane's Ashgrove, joining the group.

Western Australia (WA)

People

REIWA celebrates 100 years of WA real estate history

An exhibition to celebrate the REIWA's centenary will take the story of Western Australia's real estate history to a broad audience.

Queensland (Qld)Brisbane

Featured Property

Embrace the outdoor lifestyle with this absolute riverfront home in Hawthorne, Queensland

Two swimming pools, a championship tennis court, boat house, putting green, private jetty, wine cellar, and more, feature in this luxury Brisbane home. For sale via David Price of Ray White East Brisbane.

National

Trends

Soho is working closely with real estate agents to build a simple onboarding process

Developers of proptech startup Soho are working closely with the industry to ensure the new platform can easily integrate with a range of CRMs. The company says greater sharing of information could create more opportunities for agents.

Northern Territory (NT)Darwin

People

Darwin agent Karl Secondis returns to Ray White

Karl Secondis is returning to the Ray White group, and to Fannie Bay, where he began his real estate career.

Victoria (Vic.)Melbourne

The Economy

Homes zoned for Melbourne's top public schools can sell for six figures more: REIV

Homes in the catchment zones of Melbourne's top public schools are attracting six-figure premiums, according to new data from the REIV.

Victoria (Vic.)Melbourne

Featured Property

“One of Toorak’s landmark properties” is for sale by RT Edgar Toorak

This elegant five-bedroom family residence on Toorak’s finest boulevard is for sale by Oliver Booth and Abby Innes of RT Edgar Toorak.

Pages

News Roundup

https://uk.news.yahoo.com/savills-sees-uk-residential-market-improving-pre-election-070915425--finance.html#ZsulbM0

Savills sees UK residential market improving after pre-election drop

Demand is returning to the British housing market, particularly in London, after a drop in the run-up to May's national elections, estate agency Savills said on Thursday as it posted a significant boost in profits. Savills, which reported a 28 percent rise in group first-half underlying profit before tax to 38.4 million pounds, said earnings had been boosted by the strong performance of the British commercial market and a series of acquisitions in the United States.

Reuters

http://www.propertyshowrooms.com/france/property/news/controversial-rent-caps-come-into-force-paris_313457.html

Controversial Rent Caps come into Force in Paris

August 1st saw all new or renewed rental leases in the French capital being capped as President François Hollande made good on one of his key 2012 campaign promises for sweeping housing reform. The rent control regulations will limit rents in Paris to 20% above and 30% below a neighbourhood's average and is based on apartment size, year of construction and location with an additional surcharge for luxury homes.

propertyshowrooms.com

http://www.perthnow.com.au/realestate/news/kings-cross-now-a-golden-mile-for-property-giants/story-fnhlgrkx-1227471311169

From dodgy strip to property boom town

The Golden Mile in Kings Cross — once the run down haunt of junkies, prostitutes and late night revellers — is being pounced upon by the city and world’s top property developers in a multi-million dollar carve up.

Wentworth Courier

http://www.theaustralian.com.au/business/property/cba-warned-on-potential-brisbane-perth-property-collapse/story-fn9656lz-1227471048804

CBA warned on potential Brisbane, Perth property 'collapse'

The Perth and Brisbane property markets are increasingly vulnerable to a collapse similar to the Gold Coast during the global financial crisis, a scenario that would leave Commonwealth Bank the most vulnerable to losses, according to a leading analyst.

The Australian

http://www.perthnow.com.au/news/private-islands-online-lists-kangaroo-island-on-queenslands-fraser-coast-lfor-sale-but-with-wrong-map/story-e6frg12c-1227470199354

Private Islands Online has Kangaroo Island for sale

A popular South Australian tourism destination has been mistaken as being for sale on a real estate website which flogs private islands. The international website Private Islands Online has Kangaroo Island on Queensland’s Fraser Coast listed for sale. But prospective buyers of the $US1.2 million ($1.62 million) private island would be confused as to where its true geographical location lies.

Perth Now

http://www.nytimes.com/2015/08/05/business/dealbook/an-exchange-in-australia-woos-listings-from-china.html?_r=0

An Exchange in Australia Woos Listings From China

Just two companies are listed on the Asia Pacific Stock Exchange in Sydney, and it has to rely on its biggest Australian rival to clear and settle trades.

The New York Times

http://www.theguardian.com/business/2015/aug/05/australias-housing-construction-boom-may-be-running-out-of-puff-says-analyst

Australia's housing construction boom may be running out of puff, says analyst

Cracks are appearing in Australia’s housing construction boom and there are fears it will peak in the next 12 months.

The Guardian

http://www.asianpacificpost.com/article/7082-why-china%E2%80%99s-super-rich-buy-sydney.html

Why China's super-rich buy in Sydney

What’s happening in Australia is part of a broader global trend, with many other countries experiencing a spike in demand for real estate from Chinese buyers, experts say.

The Asia Pacific Post